What's Making Headlines: The budget's billion-dollar property shake-up

What if the secret to fixing Australia's housing crisis was making it less profitable to be an investor? Treasurer Jim Chalmers thinks he has found the answer, and it involves the most significant tax reforms since negative gearing first hit the statute books. Join host Annie Kane and senior journalist Charlie Tchetchenian as they review the fallout from a high-stakes federal budget that has effectively declared war on speculative investing. With the government looking to bridge a massive "intergenerational equity" gap, the team explores what the removal of negative gearing for established dwellings – and the overhaul of capital gains tax – means for your investor clients. The journalists also unpack the courtroom drama unfolding between Hai Money and Finsure and the ongoing consolidation and M&A activity in the broking industry. This week, they discuss: Why the federal budget is axing negative gearing and capital gains tax discounts for established properties to level the playing field for first home buyers. The Supreme Court battle between Hai Money and Finsure following the termination of a sub-aggregation agreement. How a flurry of revised cash rate forecasts from the big four banks has brokers preparing for a "higher for longer" interest rate environment. And much more!